Topsports International Holdings (FRA:8NF) Inventory Turnover: 1.55 (As of Feb. 2026)

What is Topsports International Holdings Inventory Turnover?

Topsports International Holdings FRA:8NF -13.56% 84 Inventory Turnover is 1.55 as of Feb. 2026. GuruFocus rates FRA:8NF with a GF Score™ of 84/100 and a GF Value™ of €0.35. The stock has 6 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Topsports International Holdings's Cost of Goods Sold for the six months ended in Feb. 2026 was €1,065 Mil. Topsports International Holdings's Average Total Inventories for the quarter that ended in Feb. 2026 was €685 Mil. Topsports International Holdings's Inventory Turnover for the quarter that ended in Feb. 2026 was 1.55.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Topsports International Holdings's Days Inventory for the six months ended in Feb. 2026 was 117.44.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Topsports International Holdings's Inventory-to-Revenue for the quarter that ended in Feb. 2026 was 0.42.

Topsports International Holdings (FRA:8NF) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Topsports International Holdings's Days Inventory for the six months ended in Feb. 2026 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Feb. 2026 )	/	Cost of Goods Sold (Q: Feb. 2026 )	*	Days in Period
	=	685.331	/	1064.984	*	365 / 2
	=	117.44

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Topsports International Holdings's Inventory to Revenue for the quarter that ended in Feb. 2026 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Feb. 2026 )	/	Revenue (Q: Feb. 2026 )
	=	685.331	/	1646.493
	=	0.42

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Topsports International Holdings Inventory Turnover Related Terms

Topsports International Holdings Inventory Turnover Historical Data

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The historical data trend for Topsports International Holdings's Inventory Turnover can be seen below:

Topsports International Holdings Inventory Turnover Chart

Topsports International Holdings Annual Data

Trend

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Feb25

Feb26

Inventory Turnover

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2.91

2.42

2.61

2.74

2.67

Topsports International Holdings Semi-Annual Data
	Feb17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24	Feb25	Aug25	Feb26
Inventory Turnover	Get a 7-Day Free Trial													1.51	1.23	1.50	1.17	1.55

84GF Score

Topsports International Holdings Ltd FRA:8NF

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

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Topsports International Holdings Inventory Turnover Calculation

Topsports International Holdings's Inventory Turnover for the fiscal year that ended in Feb. 2026 is calculated as

	Inventory Turnover (A: Feb. 2026 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Feb. 2026 )	/ (	(Total Inventories (A: Feb. 2025 )	+	Total Inventories (A: Feb. 2026 ))	/	count )
=	1954.446	/ (	(792.455	+	671.996)	/	2 )
=	1954.446	/	732.2255
=	2.67

Topsports International Holdings's Inventory Turnover for the quarter that ended in Feb. 2026 is calculated as

	Inventory Turnover (Q: Feb. 2026 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Feb. 2026 )	/ (	(Total Inventories (Q: Aug. 2025 )	+	Total Inventories (Q: Feb. 2026 ))	/	count )
=	1064.984	/ (	(698.666	+	671.996)	/	2 )
=	1064.984	/	685.331
=	1.55

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 1.55 mean?

Topsports International Holdings (FRA:8NF) has a Inventory Turnover of 1.55 as of Feb. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Topsports International Holdings and its competitors.

Is Topsports International Holdings' Inventory Turnover too high?

Topsports International Holdings' current Inventory Turnover is 1.55. Overall, Topsports International Holdings has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.

How does Topsports International Holdings' Inventory Turnover compare to TJX and ROST?

Topsports International Holdings' Inventory Turnover of 1.55 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Inventory Turnover for a Retail - Cyclical company?

A good Inventory Turnover depends on the Retail - Cyclical industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Inventory Turnover mean?

A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Topsports International Holdings and its competitors. Topsports International Holdings's current Inventory Turnover is 1.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Topsports International Holdings stock overvalued right now?

Topsports International Holdings (FRA:8NF) has a current Inventory Turnover of 1.55. The stock's GF Value™ is €0.35, compared to a current price of €0.22 — trading 37% below its estimated fair value. The current Inventory Turnover is 1.55. Topsports International Holdings' overall GF Score™ is 84/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Inventory Turnover calculated?

Inventory Turnover is calculated from a company's financial statements. For Topsports International Holdings (FRA:8NF), the current Inventory Turnover is 1.55 as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Topsports International Holdings (FRA:8NF) Overvalued in 2026?

Based on GuruFocus' analysis, Topsports International Holdings stock appears to be undervalued. The current stock price of €0.22 is trading 37% below its estimated GF Value™ of €0.35.

Key valuation signals for FRA:8NF:

Inventory Turnover: 1.55
GF Value™: €0.35 vs. price of €0.22 (37% below fair value)
GF Score™: 84/100 with 6 warning signs

No single metric tells the full story. See the FRA:8NF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Topsports International Holdings Business Description

Industry Consumer Cyclical Retail - Cyclical

Comparable Companies HKSE:01368 HKSE:03709 HKSE:00709 HKSE:01657 HKSE:03860 HKSE:02528 HKSE:01817 HKSE:00375 HKSE:00330 HKSE:00483 XMAD:ITX TJX TSE:9983 ROST BURL LSE:NXT BOM:500251 LULU TSX:ATZ GAP

Other Exchanges TPSRF:USA 06110:Hong Kong

Address 30-34 Kwai Wing Road, M1, 6th Floor, The Edge, Kwai Chung, Kowloon, New Territories, Hong Kong, HKG

Website https://www.topsports.com.cn

Topsports is the largest sportswear retailer in China, generating the majority of its revenue from selling products of international sportswear brands. The business operates as an intermediary between brand owners and consumers. The firm operates more than 4,000 stores directly as of the end of fiscal 2026, and most of these single-brand stores have been opened under the names of sportswear brands that it partners with, such as Nike and Adidas. Topsports also has partnerships with sportswear brands such as Puma, Li-Ning, Asics, and The North Face. While most of Topsports' sales take place in stores, the firm also operates online shops under the Topsports brand on major e-commerce platforms such as Alibaba and JD.com.

84GF Score

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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.22

Price

€0.35

GF Value

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